Vehicle Dynamics International
  • News
    • Braking
    • Chassis
    • Driveline & Transmission
    • Dynamics Software
    • Electronic Dynamic Control
    • Lightweighting
    • OEM News
    • Ride Comfort
    • Simulation
    • Steering
    • Tires and wheels
    • Vehicle Testing
  • Features
  • Online Magazines
    • December 2024
    • May 2023
    • December 2023
    • May 2023
    • November 2022
    • Spring 2022
    • Subscribe Free!
  • Videos
  • Supplier Spotlight
  • Jobs
    • Browse Jobs
    • Post a Job – It’s FREE!
    • Manage Jobs (Employers)
  • Events
  • VDI Awards
    • 2022 Vehicle Dynamics International Awards: the winners!
    • 2021 Vehicle Dynamics International Awards: the winners!
    • 2020 Vehicle Dynamics International Awards: the winners!
    • 2019 Vehicle Dynamics International Awards: the winners!
    • 2018 Vehicle Dynamics International Awards: the winners!
    • 2017 Vehicle Dynamics International Awards: the winners!
LinkedIn YouTube X (Twitter)
Subscribe to Magazine SUBSCRIBE TO EMAIL NEWSLETTER MEDIA PACK
LinkedIn
Vehicle Dynamics International
  • News
      • Braking
      • Chassis
      • Driveline & Transmission
      • Dynamics Software
      • Electronic Dynamic Control
      • Lightweighting
      • OEM News
      • Ride Comfort
      • Simulation
      • Steering
      • Tires and wheels
      • Vehicle Testing
  • Features
  • Supplier innovations
  • Online Magazines
    1. December 2024
    2. May 2024
    3. December 2023
    4. May 2023
    5. November 2022
    6. Spring 2022
    7. Subscribe Free!
    Featured
    December 10, 2024

    The December 2024 issue of Vehicle Dynamics International is out!

    Braking By Web Team
    Recent

    The December 2024 issue of Vehicle Dynamics International is out!

    December 10, 2024

    The May 2024 issue of Vehicle Dynamics International is out!

    May 20, 2024

    The December 2023 issue of Vehicle Dynamics International is out!

    December 19, 2023
  • Videos
  • Supplier Spotlight
  • Jobs
    • Browse Jobs
    • Post a Job – It’s FREE!
    • Manage Jobs (Employers)
  • Events
  • VDI Awards
    • 2023 Vehicle Dynamics International Awards: the winners!
    • 2022 Vehicle Dynamics International Awards: the winners!
    • 2021 Vehicle Dynamics International Awards: the winners!
    • 2020 Vehicle Dynamics International Awards: the winners!
    • 2019 Vehicle Dynamics International Awards: the winners!
    • 2018 Vehicle Dynamics International Awards: the winners!
    • 2017 Vehicle Dynamics International Awards: the winners!
LinkedIn
Vehicle Dynamics International
Chassis

Volvo exceeds 600,000 sales of CMA platform

Adam GavineBy Adam GavineAugust 6, 20203 Mins Read
Share LinkedIn Twitter Facebook Email

According to Volvo Car Group, more than 600,000 Group vehicles based on its Compact Modular Architecture (CMA) platform, have been sold since its introduction in 2017. The platform is used by Volvo and its affiliates, Lynk & Co and Polestar.

The CMA platform, co-developed by Volvo Cars and Zhejiang Geely Holding (Geely), is an example of the joint development, production and procurement achieved since Geely’s acquisition of Volvo Cars on 2 August 2010. The platform debuted in 2017 with the popular Volvo XC40 model, and due to its modular design, was also used to create the Lynk & Co 01, 02, 03 and 05, as well as the pure-electric 2020 Polestar 2 and Volvo’s first all-electric model, the XC40 Recharge P8. Deliveries of the new CMA-based Polestar 2, which will begin in August, will continue to drive sales on this platform.

“We are incredibly proud of these sales figures for our CMA cars,” said Håkan Samuelsson, CEO of Volvo Cars. “We have had 10 very successful years with Geely, and we will continue to leverage the excellent partnerships we have created within the Group to pave the way for further growth and synergies.”

“Volvo Cars today is stronger than it has ever been, and we still have much to do,” added Samuelsson. “We are excited to see our fully electric vehicle range reach the market, led by the XC40 Recharge, and we will keep this momentum going by investing in electrification, new technologies and future mobility solutions.”

Over the past decade, Volvo Cars has grown its business , with global sales rising from 449,255 in 2011 to more than 700,000 in 2019, as well as more than doubling its revenue from SEK 126 billion in 2011 to SEK 274 billion in 2019, and strengthening its operating profit from SEK 1.6 billion in 2011 to SEK 14.3 billion in 2019.

The company also expanded its manufacturing and R&D network across the globe: while it started out with two manufacturing plants and an engine plant in Europe, it now has four additional manufacturing sites and an R&D centre in China, as well as a manufacturing plant in the USA.

In the coming years, Volvo Cars aims to establish itself as a leader in electrification, and by 2025 it wants half of its global sales volume to consist of fully electric cars, with the rest being hybrids.

It also aims to establish millions of direct consumer relationships through new forms of mobility, and it expects to play a leading role in the safe introduction of autonomous-drive technologies.

Share. Twitter LinkedIn Facebook Email
Previous ArticleThe world premiere of Lamborghini’s Essenza SCV12
Next Article ZalaZone proving ground opts for AB Dynamics equipment
Adam Gavine
  • X (Twitter)

Adam divides his time as an editor between the worlds of aviation and motoring. These worlds may seem a little diverse today, but autonomous technology and future urban mobility is bringing them ever-closer. Adam is also chairman of the Vehicle Dynamics International Awards.

Related Posts

Dynamics Software

Awards for ADAS & Autonomous Vehicle innovation to be announced this week

May 19, 20254 Mins Read
Industry news

ATTI Awards winners to be announced on 20 May

May 19, 20254 Mins Read
Industry news

VI-grade announces final programme for 2025 Zero Prototypes Summit

April 25, 20253 Mins Read
Latest Posts

Awards for ADAS & Autonomous Vehicle innovation to be announced this week

May 19, 2025

ATTI Awards winners to be announced on 20 May

May 19, 2025

VI-grade launches Cloud platform to boost scalable vehicle simulation capabilities

May 14, 2025
Our Social Channels
  • LinkedIn
Getting in Touch
  • Free Email Newsletters
  • Meet The Editors
  • Contact Us
  • Media Pack
Related Topics
  • Electric & Hybrid Vehicle
  • Industrial Vehicle Technology
FREE NEWS EMAIL!

Get essential industry news from this website direct to your inbox every fortnight


© 2023 Mark Allen Group Ltd | All Rights Reserved
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.